I Replaced My $80K Salary with 2 Real Estate Deals Per Year

Henry Washington:
5 years in the past, Martin Castro Silva was working at a financial institution making 80 grand a yr. Not a foul gig, however one factor was consuming at him. He was lacking the moments along with his two children who have been three and one years previous on the time. It wasn’t till Martin picked up a sample that all the pieces modified. And that sample was all his rich shoppers on the financial institution have been in actual property and one among them was even prepared to indicate him the ropes. Martin knocked his first deal out of the park and changed half of his wage whereas engaged on the facet. This needed to be it. This was his ticket to freedom. By the second deal, he give up his job and by the third, he was constructing an revenue changing machine. Simply final yr alone, Martin did 11 actual property offers. Nothing tremendous inventive, no sketchy financing, all utilizing a repeatable components that anybody can replicate.
Now he owns a schedule, he can dedicate time to his children, and he put his spouse and kids into their dream house. And it solely occurred as a result of he took the possibility on his first deal. At this time, Martin will present you do it too.
All proper, Martin. Properly, inform us about your background and what obtained you into actual property.

Martin Castro-Silva:
Properly, I used to be hiring my second little one. I needed to be the proprietor of my time, and I used to be trying to do one thing that will give me the liberty to simply be with my children. Yeah. My background is in banking. I labored for Chase Financial institution for 12 years. I used to be working at a Fort Lauderdale workplace in South Florida, very prosperous space. And I’ve seen that there was a sample of shoppers that those that have been in actual property have been those that have been doing effectively off.

Henry Washington:
What sort of shoppers have been you servicing?

Martin Castro-Silva:
Sure. I used to be a non-public consumer banker, so I used to be sitting with the massive sharks.

Henry Washington:
Okay. So for many who don’t know, whenever you go to the financial institution, they’ve bankers for normal individuals, after which they’ve personal banking. A few of these banks have a particular department or a particular particular person you’ll be able to go to and do personal banking whenever you obtained the actual {dollars}. So that you’re saying you have been serving to the massive retailers?

Martin Castro-Silva:
Appropriate. Sure.

Henry Washington:
And also you began to note that plenty of the massive pictures have been dealing in actual property.

Martin Castro-Silva:
Precisely. Yeah. They both personal actual property, they have been brokers, wholesalers. They have been one way or the other related to actual property. So I met this man, younger man. He was coming each week to do a wire switch to shut on home. And each time he would come, he would inform me the story. “I’m shopping for this home for this a lot. I’m going to color it. I’m going to do little or no stuff, spruce it up and resell it, make 20, 25,000. Bear in mind, it was the pandemic time, like 2021. And I used to be like, ” What? How is that this man making $20,000 in a month, in two months? “I couldn’t imagine it. So each time he would come, I might attempt to all the time assist him and study extra about him.

Henry Washington:
Okay. So

Henry Washington:
You have been utilizing him form of like just a little mentor when he would are available in there.

Martin Castro-Silva:
Sure.

Henry Washington:
And get some data.

Martin Castro-Silva:
Sure, sure. Once we obtained just a little nearer and he launched me to greater packets, he’s like, ” Hey, hearken to this podcast. It’s going to be good schooling, good data for you. Because you say you wish to begin in actual property or wish to do one thing about it. “Rates of interest have been tremendous low. I took benefit and refinanced my house, obtained some capital. After which I might simply bug him,” Hey, when are you going to have a deal? When are you going to have a deal? When are you going to have a deal? “After which he launched me to a wholesaling firm, Dan South, and so they have been in a position to get me my first deal and assist me with some financing too.

Henry Washington:
Okay. Properly, inform us about that deal.What’d you purchase? What’d you pay for it? What’d you do with it?

Martin Castro-Silva:
It was a city house in a metropolis referred to as Lake Value.

Henry Washington:
How far was that from the place you have been?

Martin Castro-Silva:
45 minutes.

Henry Washington:
Okay, that’s not unhealthy.

Martin Castro-Silva:
So I purchased it. I didn’t have any cash then. And my mother had simply refinanced as a result of she had a 5% rate of interest after which the rate of interest went down. She obtained a 2.5, 2.75. She obtained pulled some cash. And I advised my mother,” Hey, mother, I believe we should always get into actual property. That is what I’ve been listening to from different individuals. “I used to be making an attempt to lure my mother into stepping into actual property and belief me. So she’s like, ” Oh, however I don’t know. What if he doesn’t promote? “No, all the pieces is promoting proper now. Persons are paying. Individuals need greater homes. So we obtained that city home and that is what occurred. So we purchased it in February of 2022. I used to be nonetheless working within the financial institution. We purchased it for 200. It solely wanted about 25 to 30,000.

Henry Washington:
Did you pay money or did you get a mortgage?

Martin Castro-Silva:
We paid 50% of it money and 50% we obtained a mortgage. They gave us a tough cash mortgage, curiosity solely. And I began rehabbing it myself. I used to be hiring contractors right here on the … Not contractors like handymans to just do the lavatory. We did the 2 loos and we additionally did the kitchen. However the factor is, I used to be working, so I didn’t have the time. And I didn’t know that on this enterprise you want to be quick. So it took me seven months to rehab it, simply to do two loos and a kitchen. That’s insane. Yeah. Yeah. So we have been paying a thousand bucks on curiosity expense every month. When it was lastly prepared round August, we listed it. I discovered an agent that charged me little or no fee as a result of I used to be making an attempt to economize, making an attempt to take advantage of I may, however didn’t just like the service that I obtained.

Henry Washington:
In fact, you get what you pay for.

Martin Castro-Silva:
You get what you pay for, proper? Yeah. We listed it for 320. We ended up promoting it for 310. They really requested me for a concession or one thing like that. And I stated, sure. After I shouldn’t have, I may have fought it just a little bit extra, however I didn’t know higher. However even with all these hurdles, I used to be in a position on the finish, like web, web, I used to be in a position to web $37,000.

Henry Washington:
Hey, that’s a win.

Martin Castro-Silva:
Precisely. Yeah. And even after taking so lengthy, paying 7,000 in holding prices, I used to be like, what? Had I taken motion quicker, I might’ve made more cash. However I used to be so shocked. After which that was the second after I clicked and all the pieces modified as a result of I used to be like, if I make these two occasions, thrice in a yr, I’m going to already surpass my annual wage, so I want to do that extra.

Henry Washington:
What have been you making on the time on the financial institution?

Martin Castro-Silva:
Wherever between 70 to 85,000 as a result of I used to be a non-public consumer banker, so my wage was based mostly on fee. I had a small base after which all the pieces commissioned every month. You get what you promote.

Henry Washington:
So that you made about, I don’t know, near half your wage

Martin Castro-Silva:
On

Henry Washington:
That first deal.

Martin Castro-Silva:
Yeah.

Henry Washington:
That’s the proof of idea. So it took you seven months to try this. So how lengthy till you probably did your subsequent deal?

Martin Castro-Silva:
I purchased it just a few months later, however I began engaged on it full-time, 4 months later.

Henry Washington:
Full-time. So that you left your job in the course of your second renovation?

Martin Castro-Silva:
Completely. And my objective was to duplicate my wage the very first yr. So I purchased the primary deal in February. I offered it in September. I purchased my second deal. November, I bear in mind as a result of it was Thanksgiving time.

Henry Washington:
How did you discover the second deal to purchase?

Martin Castro-Silva:
The second deal. So rates of interest have been low. I additionally took benefit of refinancing my very own home. So I went forward and this man that I used to be telling you about.

Henry Washington:
The wholesaler from the financial institution?

Martin Castro-Silva:
The entire vendor. Yeah. He discovered me a deal and he launched me to the second deal. However he advised me the second deal was two hours north. However I used to be like, what? Let me simply do it as a result of the value level was extra aligned towards my sources.

Henry Washington:
It was inexpensive than the place you have been. Okay. So what’d you pay for that second one?

Martin Castro-Silva:
For that one, I paid 170.

Henry Washington:
Okay. And also you stated you took out a line of credit score.

Martin Castro-Silva:
Appropriate.

Henry Washington:
Is that what you used to purchase the second?

Martin Castro-Silva:
Sure.

Henry Washington:
How did you persuade your spouse to allow you to spend your whole line of credit score on shopping for a flip?

Martin Castro-Silva:
I confirmed them the earnings of the opposite one. It’s like, I’ve a spreadsheet. Look, that is what we made. If you happen to’re okay with it, let’s go for the subsequent one. I don’t know the market, however we’ll discover out. These are the numbers.

Henry Washington:
And he or she stated sure.

Martin Castro-Silva:
She gave me the assist. Yeah.

Henry Washington:
That needed to really feel superior.

Martin Castro-Silva:
Yeah.

Henry Washington:
All proper. So you obtain the second for 170. Okay. How a lot work did it want?

Martin Castro-Silva:
It was the very first time that I purchased a single household house hours. My niece have been shaking. Oh my gosh. I used to be like, okay, this can be a completely different monster as a result of I needed to do all the pieces. I have to do flooring, paint. The roof was already completed, however I needed to renovate closet doorways, flooring, paint the home, two loos, a kitchen. I had budgeted $40,000. I ended up spending $50,000.

Henry Washington:
That’s not too unhealthy.

Martin Castro-Silva:
Yeah.

Henry Washington:
That’s not too unhealthy. Individuals go a complete lot extra over price range than that sometimes on a primary or second deal. So you bought it completed for 50. And what did you promote it for?

Martin Castro-Silva:
Oh, right here’s lesson. I used to be coming from the south, proper? Full completely different market. Individuals paying over asking rather a lot, 30, 40, 50,000 over asking for single household properties. And I used to be like, what? I’m going to cost it excessive. I’m going to set the market. Oh, you bought

Henry Washington:
Too large to your britches. You probably did your first deal and also you

Martin Castro-Silva:
Thought, okay.

Henry Washington:
Okay. However did your agent agree with that or was your agent making an attempt to checklist it

Martin Castro-Silva:
For us? No, they advised me, “Hey, hear, the ARB on this market goes to be 300, 309 probably the most.” I used to be like, no, I’m going to hearken to 325, 335. I’m going to get my worth.

Henry Washington:
With your entire years of experience,

Martin Castro-Silva:
You

Henry Washington:
Determined.

Martin Castro-Silva:
We went dwell. Per week goes by, I obtained a money supply, 300,000.

Henry Washington:
Which is what you initially deliberate on.

Martin Castro-Silva:
I turned it down.

Henry Washington:
No,

Martin Castro-Silva:
Martin. Yeah.

Henry Washington:
Martin,

Martin Castro-Silva:
Turned it down. I sat on the home for 4 months and requested me how a lot I offered it for.

Henry Washington:
What did you promote it for?

Martin Castro-Silva:
300,000.

Henry Washington:
And I guess it wasn’t money.

Martin Castro-Silva:
It was not money.

Henry Washington:
It was financing. Oh,

Martin Castro-Silva:
Man.

Henry Washington:
4 months to promote that. However you offered it for 300. So meaning you made revenue. How a lot did make?

Martin Castro-Silva:
I made about 35,000, 35,000 on that one.

Henry Washington:
Nonetheless a win. So a minimum of you bought paid to study a lesson as a result of some individuals lose cash once they study a lesson.

Martin Castro-Silva:
Appropriate.

Henry Washington:
All proper. We’ve obtained extra superb story from our investor, Martin Castro Silva, proper after the break. As a number, the very last thing I wish to do or have time for is to play accountant and banker. However that’s what I used to be doing each weekend, flipping between a bunch of apps, financial institution statements and receipts, making an attempt to type all of it out by property and work out if I used to be really making any cash. Then I discovered Baseline and it takes all of that off my plate. It’s BiggerPockets official banking platform that routinely types my transactions, matches receipts, and exhibits me my precise cashflow for each property. My tax prep is finished and my weekends are mine once more. Plus, I’m saving a ton of cash on banking charges and apps I don’t want anymore. Get $100 bonus whenever you enroll right this moment at baselane.com/bp. BiggerPockets Professional members additionally get a free improve to Baselane Good.
That’s filled with superior automations and options to save lots of you much more time. All proper. We’re again with investor Martin studying about his journey to turning into a full-time actual property investor. Let’s leap again into it.

Martin Castro-Silva:
After I was shut to complete that one deal, the one, the primary single household house, the identical wholesaler reached out and offered me one other deal, half-hour north. He was promoting it to me just a little bit cheaper than the primary one, however I simply didn’t have the cash as a result of I had used my cash to purchase that deal. So I discovered a non-public lender, simply one other consumer from the financial institution.

Henry Washington:
Take a look at you utilizing their sources.

Martin Castro-Silva:
And he gave me a tough cash mortgage. He’s an agent. So I bear in mind telling him, “Hey, hear, if you happen to give me the cash, you get to lease this deal.” He’s like, “Let’s do it. ” Yeah. So he lent me 150,000 utilizing the primary home, the primary single household home as a collateral. After which I used that cash to purchase the second. The wholesaler had offered it.

Henry Washington:
Ah, so that you took a line of credit score out. You cross-collateralized that first asset. Oh, okay. Okay.

Martin Castro-Silva:
Precisely.

Henry Washington:
I prefer it.

Martin Castro-Silva:
Yeah. I

Henry Washington:
Prefer it. Was it the identical dimension renovation or was it a bigger-

Martin Castro-Silva:
Yeah, identical by field. Somewhat bit extra. It was like 45, near 50,000. Identical sq. footage, three bed room, two tub. He wanted all the pieces. He wanted a roof. He wanted flooring, paint, kitchen, loos, all the pieces. Full reduce job. He gave me the cash. I purchased it after which I discovered my lesson, worth it proper. So I priced it at 299, the second single household house in Sebastian, and I obtained it beneath contract in six hours.

Henry Washington:
That’s what I’m speaking about. Lesson discovered. Lesson discovered. So that you made the identical quantity, however you made it a complete lot quicker this time.

Martin Castro-Silva:
Appropriate. Appropriate. Yeah, I imagine I closed these two offers in the identical week.

Henry Washington:
And so at this level, you have been full-time in actual property. So that you had left your job. That needed to be scary although. I perceive that you simply needed to maneuver quicker, however simply leaving your job, that’s a giant step. What gave you that confidence? I

Martin Castro-Silva:
Simply didn’t wish to miss any of the moments with my children. Again then, I had a three-year-old and a one-year-old, a new child. Oh man. And I simply took a leap of religion. I talked rather a lot with my spouse. I used to be like, “Hey, hear, worst case situation, I can all the time come again to company.” However I wish to do one thing that fulfills me, that provides me motivation as a result of I had misplaced just a little little bit of the eagerness that I had for banking and all these years. I simply needed to alter.

Henry Washington:
All proper, Martin, these are unbelievable classes to study in your first couple of offers. And the way cool to receives a commission to your first couple classes. I’m very to study what it was like going off by yourself now as a full-time investor who had some expertise. So the place did you go after your third deal?

Martin Castro-Silva:
Properly, one factor that I discovered from greater packets is that you simply obtained to let everybody know you’re an investor. So I used to be speaking to everybody, the road, Walmart, wherever. Wherever I’m going, it’s like- Anyone

Henry Washington:
Who’d hear, huh?

Martin Castro-Silva:
Precisely. Hey, I purchase homes. I can purchase them money now that I’ve just a little little bit of expertise finance them or get them. So I talked to a neighbor of one among my tasks as a result of I’ve seen his property was very distressed. The mortgage was tremendous excessive. This

Henry Washington:
Was a neighbor from that first single household house? Identical

Martin Castro-Silva:
Road, proper subsequent to it. Oh,

Henry Washington:
It was subsequent door.

Martin Castro-Silva:
It was the

Henry Washington:
Literal neighbor.

Martin Castro-Silva:
Sure, sure. And I advised him, “If you happen to ever wish to promote your own home, let me know. I might be able to allow you to. ” I both purchase it myself or discover you a purchaser. I come from the south, so I do know lots of people making an attempt to maneuver. So it’s like, “Oh, what? I do wish to promote it, however I’m not prepared but.” Okay. So we exchanged numbers and that was it. After I was virtually completed, prepared to shut on that home. The

Henry Washington:
Sale?

Martin Castro-Silva:
The sale. Yeah. He referred to as me up and I purchased that home for $150,000, which was $20,000 cheaper than what the wholesaler had offered me that very first.

Henry Washington:
Was it the identical dimension home? It

Martin Castro-Silva:
Even has yet another room. It was a four-two.

Henry Washington:
Oh, okay. Okay. How about how a lot work? Did it want extra work? Yeah,

Martin Castro-Silva:
It wanted just a little bit extra work, however nonetheless the price range was about 55, 50 to 60,000.

Henry Washington:
Hey, that works out. That is one thing I discovered this from, I believe it was Domar Cross who flips. He flips on a TV present out in Florida really in Tampa.

Martin Castro-Silva:
However

Henry Washington:
He would all the time put a enroll within the yard of the homes he was renovating that stated, “This undertaking is being renovated by…” And it’d have his LLC and the telephone quantity in order that the neighbors knew. And he stated he would purchase offers like that. The neighbors would name him. And so we began doing that. So I’ve completed offers the place we’ve purchased and completed a number of homes on the identical avenue simply by letting individuals know. And it’s additionally simply good enterprise to let your neighbors know what you’re doing as a result of they’ll control your home for you and ensure. They’ll be like, “Hey, no one’s been at your home in a few days.” Or they’ll let you know, “Hey, there was any person creeping, peeking within the home windows.” It’s simply good, good to have the neighbors working for you. So you obtain that neighbor’s home. How did you fiscal that one?
Did you employ the road of credit score or did you do a conventional financial institution?

Martin Castro-Silva:
No, this time I partnered up with my siblings. It was virtually the tip of the pandemic period and so they had seen my outcomes. In order that they made a revenue on the sale of their properties after which we partnered up, the three of us. So we purchased that home money. We put the cash into it and we made a house lease. We in all probability made like $65,000.

Henry Washington:
Oh, good, man. So did you break up all of it evenly between the three of you?

Martin Castro-Silva:
Sure.

Henry Washington:
That’s so cool that you simply have been in a position to carry your loved ones into it.

Martin Castro-Silva:
Yeah.

Henry Washington:
So inform me what the sale worth was.

Martin Castro-Silva:
We offered that home for 320,000.

Henry Washington:
Okay. So this was 2023?

Martin Castro-Silva:
2023.

Henry Washington:
Right here’s what’s cool about this story is you by no means took no for a solution. If you happen to didn’t have the cash, you discovered a strategy to get the cash. You weren’t afraid to speak to your family and friends. And I believe all of that stems from a few issues. A, you may have a really robust perception in your self and your skill to hustle and get issues completed, nevertheless it sounds such as you even have an excellent household construction at house the place your spouse supported you in all the pieces that you simply’re doing and also you had nice motivation in wanting to have the ability to spend time along with your youngsters. And I believe that’s the components. The components is clearly you want to have the ability to discover good offers, however the actual components is you may have a powerful cause why and also you don’t take no for a solution. I believe too many occasions traders inform themselves no.
They are saying, “Oh, I might try this deal, however my credit score’s not in the suitable place.” Or, “However I’m not fairly positive the place I’m going to search out the cash.” They usually let the buts and the nos cease them. And I believe plenty of that’s as a result of there’s concern. And that concern is both concern of failure. They don’t wish to fail or let individuals down. However I believe plenty of the time too, it’s like concern of success. What occurs if it really works? I obtained to maintain doing this. I believe that your perception in your self and your basis is basically what helps set you up as a result of it simply feels like if you happen to run right into a wall, you’d simply go discuss to any person and work out how they have been doing it and you then would attempt to replicate it. And typically it’s that straightforward. It’s simply encompass your self with people who find themselves doing it and work out how they’re doing it as a result of I promise you guys, you’re going to run right into a brick wall.
I’ve completed a whole bunch of offers and I nonetheless run into brick partitions on a regular basis, however you’ve obtained to determine a strategy to get by means of it. After I obtained began, my very first deal, I ran right into a brick wall. I advised my fuddy I used to be going to purchase his home after which I couldn’t discover the cash. And I referred to as my buddy who’s an investor and I stated, “Hey, can you purchase this deal as a result of I advised my pal I might and now I can’t purchase it. ” And he advised me the identical factor. He stated, “Henry, yeah, I’ll purchase that deal. It’s deal. However if you happen to’re going to be on this enterprise, you want to go determine it out. ” And that’s the very best half about actual property is there’s a approach you’ll be able to piece a deal collectively. You simply obtained to have the ability to do it safely.
And so man, it’s such a cool, such a cool, cool story. All proper. We’ve obtained extra superb story from our investor, Martin Castro Silva, proper after the break. All proper, we’re again with investor Martin studying about his journey to turning into a full-time actual property investor. Let’s leap again into it. So right here we’re in just the start of 2026. What does your small business seem like now? What number of offers are you doing in a yr?

Martin Castro-Silva:
Properly, I had a extremely good 2025. I purchased 11 properties.

Henry Washington:
Okay.

Martin Castro-Silva:
I used to be in a position to flip, purchased and offered seven.

Henry Washington:
Superior. So you obtain 11 properties in 2025. I’ve so many questions. So at the beginning, are you preserving any or do you simply repair and flip solely?

Martin Castro-Silva:
Yeah, I’ve two doorways. I stored two single household properties, however I principally flipped.

Henry Washington:
Okay. And what’s your purchase field seem like? As a result of 11 offers, you bought to have it fairly dialed in. What are you shopping for?

Martin Castro-Silva:
Yeah, I focus totally on single household properties, 1,200 sq. ft, three instruments. Typically I’ve to do the two-twos if the sq. footage permits me so as to add one other room, worth level, buy worth, wherever between 150 to 220 and resale worth beneath 350.

Henry Washington:
Okay. So that you like that first time house purchaser product? Completely. I do the identical factor. It’s the identical. It simply helps you keep secure in an unsure market as a result of in that worth level, if one thing doesn’t work out, you’ll be able to in all probability throw a tenant in it and a minimum of break even. Possibly it prices you just a little bit of cash, nevertheless it’s approach higher than having to pay these arduous cash charges

Martin Castro-Silva:
On

Henry Washington:
A property you’ll be able to’t promote. I like that. And in what market?

Martin Castro-Silva:
I solely put money into my metropolis, Vero Seaside and Sebastian.

Henry Washington:
So did you progress to Vero Seaside? Since you weren’t in Vero Seaside whenever you first began.

Martin Castro-Silva:
Yeah. After the identical.

Henry Washington:
Wait, wait, wait. Did you progress to Vero Seaside due to these offers and the value factors? That’s superior.

Martin Castro-Silva:
Herry, I purchased the primary single household house. I purchased the second, after which I purchased the third one. I used to be like, “I’m getting my offers right here. That is the value level. That is what I can afford to do. ” Yeah. That’s why. Yeah. And I advised my spouse, “Hey, hear, now we have a really good home in Fort Lauderdale, however the drive and I didn’t wish to be removed from my household, so it’s prefer it’s time to maneuver.”

Henry Washington:
So that you moved to Vero Seaside and now that’s the place you primarily function out of.

Martin Castro-Silva:
Sure.

Henry Washington:
I actually love that. Extra inexpensive too. And so that you’re in all probability in a position to get your self just a little extra home, just a little extra bang to your buck.

Martin Castro-Silva:
I did. Thank God, sure. I used to be in a position to promote my home. I offered my home in 2024, early 2024, in a position to get on the final wave the place costs have been excessive. So I used to be in a position to remedy that after I’m shopping for a home right here.

Henry Washington:
I like this story, Martin, due to all of the hustle that you simply’ve put in, however the most effective components about actual property is a number of the profit it permits for us. A, you employ actual property to modify markets and dwell in a extra inexpensive market. Has actual property offered you some other cool advantages? Hat’s a narrative you would inform us about one thing cool possibly you’ve completed with a few of your property?

Martin Castro-Silva:
One time I used to be simply leaving my home, going to work, going to a job web site, to a undertaking. And my neighbor, I imply, bear in mind I advised all people that I do know I’m an investor and I purchase homes. So I used to be leaving my home and my neighbor waves at me like this. And he or she stopped me. I used to be like, “Hey, how are you? What occurred?” “I’m promoting my home. “I used to be like, ” Cease. Let me … “I finished. I pulled up, walked the home along with her. She advised me what she needed. I believe it was a good worth. And I shortly referred to as my sister-in-law as a result of I knew she was searching for a home. Down south, homes are dearer so they might get extra home for the cash over right here. So I referred to as her up. I advised her,” Hey, hear, you bought to come back up and you bought to see this home as a result of my neighbor is promoting and I would like you to be my neighbor.
“So she got here up and we have been in a position to lock this home up and put beneath contract after which she obtained a deal, no commissions, no nothing. So actual property has given me the instruments to additionally assist my members of the family.

Henry Washington:
Oh man, that’s cool. So now you’ve created your personal little group over there in Vero Seaside. I like this story, man. It’s only a nice story about how somebody can use actual property to offer them extra freedom. Look, clearly you give up your job and you employ actual property to try this, however let’s not sugarcoat this. You’ve changed one job with one other. Flipping homes is a job. If you happen to cease flipping homes, you cease earning profits. So we’re not saying that you simply retired from actual property, nevertheless it has modified your loved ones’s future. It’s modified your future. And whenever you set out you needed to have the ability to spend extra time along with your children, have you ever been in a position to accomplish that objective?

Martin Castro-Silva:
Sure, I’ve. I now have a crew that I work with. They’re those that maintain the reworking, the rehab of the tasks. And this yr specifically, I finished working weekends. Saturday and Sanders are for only a household. We do household actions and we attempt to spend as a lot time collectively as doable as a result of time flies.

Henry Washington:
Time does fly. My children are rising up so quick, nevertheless it’s so cool. And me too. I left company, however I flip homes. So I’ve a job as effectively. However the very best half is I make my very own hours. If I wish to take a day without work, nobody’s going to die. Precisely.
The homes will nonetheless get labored on. It’ll be nice. Possibly one thing received’t go as easily as I would like it to as a result of I don’t have all the proper methods in place, however nobody’s dying. You get to make your personal schedule. And I can spend that point that I select to spend with my household. And it’s cool to see that you simply’re doing one thing comparable. And so earlier than we get out of right here, Martin, I would like you to succeed in out to a number of the people who find themselves possibly in the identical boat as you, who’ve a job, they don’t have the eagerness for his or her job anymore. They’d love to switch it with actual property, nevertheless it’s scary. It’s scary proper now. So are there any classes you wish to share with them or simply any phrases of knowledge you can provide people who find themselves seeing this and eager to do what you probably did?

Martin Castro-Silva:
I like to reply that, however do you thoughts if I do it in Spanish for the Spanish areas?

Henry Washington:
Oh, I might love that. That’s superior. Thanks.

Martin Castro-Silva:
Absolute dehenry.

Henry Washington:
I find it irresistible. Thanks a lot. Thanks a lot for sharing these phrases of knowledge. There are lots of people on the market who in a really comparable place to you who possibly simply want that little push. And I like that you simply have been in a position to try this and also you have been in a position to share your expertise. The most effective issues I like about Martin is Martin’s only a good dude. He’s only a good dude. And this enterprise wants extra good individuals. So thanks a lot, Martin, for approaching the BiggerPockets Podcast and sharing your story. I want you the very best as you proceed to develop and increase your small business in 2026. And thanks all people for listening to the BiggerPockets Podcast. And likewise, if you happen to study one thing from Martin’s story, I would like you to take a look at episode 1231 from January twenty sixth with investor Neil Whitney.
Neil is one other inspiring instance of how even primary inexpensive actual property investing can change your whole monetary future. Thanks a lot all people for listening to this episode of the BiggerPockets Podcast. We’ll see you on the subsequent episode.